3721 Cottage Grove Ave
Des MoinesIA50311
Cheap Homes for Rent in the Drake University Neighborhood of Des Moines, IA from $500 (16 Rentals)
Search the lowest-cost Homes available for rent right now in the Drake University area of Des Moines.
732 19th St
Des MoinesIA50314
732 19th St
Des MoinesIA50314
1816 Francis Ave
Des MoinesIA50314
1816 Francis Ave
Des MoinesIA50314
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
1123 24th St
Des MoinesIA50311
1108 25th St
Des MoinesIA50311
1314 22nd St
Des MoinesIA50311
1314 22nd St
Des MoinesIA50311
1314 22nd St
Des MoinesIA50311
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
732 19th St
Des MoinesIA50314
1215 25th St
Des MoinesIA50311
3903 University Ave
Des MoinesIA50311
1303 College Ave
Des MoinesIA50314
713 20th St
Des MoinesIA50314
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
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$900Studio Apartments Available Aug 1
1217 24th St
1217 24th StDes Moines, IA 50311
Showing Results 1-16, Page 1 of 1
Drake University, Des Moines, IA Local Guide
How much does it cost to rent a home in Drake University?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Drake University 2 Bedroom Homes for Rent | $1,208 | $675 | $2,150 |
| Drake University 3 Bedroom Homes for Rent | $1,617 | $1,185 | $1,995 |
| Drake University 4 Bedroom Homes for Rent | $1,875 | $1,850 | $1,900 |
| Drake University 5 Bedroom Homes for Rent | $1,925 | $1,925 | $1,925 |
| Drake University 6 Bedroom Homes for Rent | $4,200 | $4,200 | $4,200 |
Browse Homes for Rent in this Neighborhood
There are currently 16 rentals with your search options within a 1 mile radius of the Drake University Neighborhood of Des Moines, IA.
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Drake University, Des Moines, IA Local Guide
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Cheapest Available Drake University Apartments for Rent
The cheapest available apartment rental in the Drake University area of Des Moines, IA is a Studio unit found at Village Green priced from $600. 732 19th St has the second lowest priced unit, which is a 1 Bed apartment currently listed from $625. Here are the most affordable Drake University apartments for rent in Des Moines, IA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Village Green | Studio | Studio,1BA | $600 |
| 732 19th St | 1 Beds, 1 Baths | 1BR,1BA | $625 |
| The Concord Building | Studio | Studio,1BA | $630 |
| The Drake | B3 | 1BR,1BA | $695 |
| Beaverdale Housing LLC | Studio | Studio,1BA | $710 |
Best Value Apartments for Rent in Drake University, IA
As of July 16, 2026 the best value apartment in the Drake University area is the $1.27 price per square foot 6 Beds, 3.5 Baths Model at 669 17th St in the in the Southwest Des Moines neighborhood starting from $4,200. The second greatest value Drake University apartment is the B2 Model at Matilda 235 Townhomes starting at $2,450 with a $1.14 price per square foot in the Downtown Des Moines neighborhood. Here is today’s list of the best values for Drake University apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 669 17th St | 6 Beds, 3.5 Baths | 6BR,3.5BA | $1.27 |
| Matilda 235 Townhomes | B2 | 2BR,2.5BA | $1.14 |
| The Elmhurst | Model A | 2BR,2BA | $1.00 |
| 1123 24th | 3 Beds, 1 Baths | 3BR,1BA | $1.39 |
| New Haven Apartments | 3x2 | 3BR,2BA | $1.44 |
| 2820-2822 Kingman Blvd | 1 Beds, 1 Baths | 1BR,1BA | $0.99 |
| 722 18th St | 1x1 | 1BR,1BA | $1.21 |
| MLK Brickstone Apartments | One Bedroom | 1BR,1BA | $1.12 |
| 1314 22nd St | 1 Beds, 1 Baths | 1BR,1BA | $1.36 |
| The Concord Building | Studio | Studio ,1BA | $1.33 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
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Pet Friendly LifestyleDrake University, Des Moines, IA
Ranked #50
Among cities in Iowa for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Frequently Asked Questions about Drake University
What type of rentals are currently available in Drake University?
There are currently 286 Apartments for Rent in Drake University, IA with pricing that ranges from $600 to $2,450. There are also 38 Single Family Homes for rent, Condos, and Townhome rentals currently available in Drake University ranging from $525 to $4,200.
What is the current price range for Rental Homes in Drake University?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Drake University ranges from $525 to $4,200 with an average monthly rent of $1,753.
How much are larger Three and Four Bedroom Rentals in Drake University?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Drake University range from $1,100 to $1,625, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,185 to $1,995. Four Bedroom Single-Family rentals are also available starting from $1,850 and Four Bedroom Apartments start at $965.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Articles, How-To's, and Tips
A Local Expert's Guide To the Top Budget-Friendly Neighborhoods to Rent in Des Moines, Iowa
Written by: Joseph Isenberg
I'm Joe, the ApartmentHomeLiving.com Local Expert for Des Moines and Central Iowa. My parents moved to Central Iowa in 1967, and my family has been here ever since.
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.
Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.